Trending Stories | MJ Shareholders

University of Utah to Open Medical Cannabis Center, Seeks DEA Approval

Featured Trending Stories Utah December 1, 2023 0

Researchers at the oldest college in Utah are opening a medical cannabis research center and seeking for a DEA-approved grow site in order to overcome some of the regulatory hurdles. On Nov. 21, the University of Utah announced the launch of the new center and its initiative. University of... Read more

MSOs Lead Cannabis Stocks Higher in November

Featured Trending Stories December 1, 2023 0

As we described in a previous article, the Global Cannabis Stock Index rebounded 8.1% in November after a huge October loss. That index is now down 20.1% year-to-date, which has followed a record decline of 70.4% for 2022. In this article, we summarize the performance of the other managed indices that New Cannabis... Read more

Global Cannabis Stock Index Bounces in November

Featured Trending Stories November 30, 2023 0

Cannabis stocks, as measured by the Global Cannabis Stock Index, exploded higher in late August on news that the Department of Health and Human Services had recommended to the DEA that it move cannabis from Schedule 1 to Schedule 3, and the move continued into September. October wiped out the... Read more

Report: 90% of Virginia Med Patients Obtain Weed Outside of State’s Medical Market

Featured Maryland Medical Marijuana Trending Stories November 30, 2023 0

It’s not uncommon for residents of states yet to enact cannabis laws to travel and obtain their weed through out-of-state dispensaries. However, one Southern state appears to be experiencing this issue when it comes to medical cannabis, even though it’s had legal, operational medical dispensaries since 2020. A new... Read more

South Carolina Bill Would Tax, Regulate Delta-8 THC

Featured Hemp South Carolina Trending Stories November 30, 2023 0

The delta-8 THC market is bigger than ever before, regulated like hemp, but South Carolina could change that if one proposal takes root. Rep. Rosalyn Henderson-Myers (D-Spartanburg) filed a bill under South Carolina’s upcoming legislative session that seeks to create regulations around delta-8 THC and similar products, which can... Read more

New Hampshire Cannabis Commission Fails To Reach Agreement on Legalization Plan

Featured New Hampshire Trending Stories November 30, 2023 0

A New Hampshire commission formed to create a cannabis legalization plan for the state held its final meeting this week but failed to produce any recommendations after months of deliberation. The 19-member commission convened this summer to consider a plan to legalize cannabis for adults under a program that... Read more

Drug Trafficker Turned Informant Offers Up Private Island in Hopes of Leniency

Featured Trending Stories November 30, 2023 0

An international drug trafficker with possible business ties to a reputed “super cartel” as well as the Italian mafia has handed over the ownership rights to his multi-million dollar private island in an attempt to try and reduce his sentence. Known drug kingpin Raffaele Imperiale made headlines in 2016... Read more

Green Wednesday Adult-Use Cannabis Surpassed $9 Million in Sales

Featured Trending Stories November 30, 2023 0

The day before Thanksgiving, often referred to as “Green Wednesday” in the cannabis industry, saw a record number of sales once again. According to data collected by Jane Technologies, recreational sales on Nov. 22 reached $9,209,061.73—an 18.12% increase from Green Friday sales data in 2022, which landed at $7,795,803,80... Read more

‘Grim Reefer’ AZ Weed Recalled Due to Mold Contamination

Arizona Featured Trending Stories November 29, 2023 0

A particular strain of cannabis flower literally named “Grim Reefer” has been recalled from Arizona dispensaries due to potential mold contamination. The Arizona Department of Health Services issued a recall Monday for certain cannabis products that may have been contaminated with aspergillus mold. “An Arizona marijuana establishment has voluntarily... Read more

Cartel’s Primary Pot Distributor ‘El Mago’ Shot Dead in Los Angeles

Featured Trending Stories November 29, 2023 0

A top member of the Sinaloa cartel responsible for allegedly distributing thousands of pounds of illegal cannabis was shot and killed in Southern California. Eduardo Escobedo, 39, was found dead Thursday close to the intersection of Rosecrans and Towne avenues in Los Angeles, according to the Los Angeles County... Read more